It can be used as income the year after you collect if filed on tax returns and offers deductions as well to offset monies owed. 

It takes a little more calendar management but can be very worth it if it's allowed in your area.

If that is what you mean, yes, the borrower must sign a letter allowing the servicer to speak to you and provide you information about the loan.

After you reach E5 you can live off base and you get BAH base allowance for housing.  

I only mention this because we had a toilet ruined because the tenant allowed her son to play with his Hot Wheels - in the toilet!

Can you opt for high deductible?

My goal has shifted and I'm looking for a prime location that will build equity and allow me to charge top dollar for my renovated units.

Rental property owners, did you know you can deduct expenses like mortgage interest, property tax, operating expenses, depreciation, and repairs?

Other than deductibles, and of course insurance rate increases, was best possible outcome.

For one tenant that had a cat (inherited tenant and the only cat I've allowed), I had to soak slab with enzyme cleaner, didn't work well, then soaked in vinegar, replaced subfloor boards upstairs, replace trim all around flooring -- it's a huge undertaking requiring multiple applications.